When answering a short answer question, students should present key facts in which format? a. essay format c. short, choppy sentence format b. one word answer format d. three paragraph format

Office Supplies had a normal starting balance of $75. There were debit postings of $80 and credit postings of $60 during the month. The ending balance is a A. $55 debit. B. $55 credit. C. $95 debit. D. $95 credit.

Buyers and sellers who have no influence on market price are referred to as

3. It is December 31st, which means it is time for you to close the books on the year. Refer to the information below and journalize the closing entries for Brett Kauffman Enterprises: Brett Kauffman Enterprises Dividends, $9,000 Service revenue,

Delightful Weddings, LLC, and Event Catering Inc. have an executory contract. They agree to rescind their contract and simultaneously enter into a new contract.

Olsson Corporation received a check from its underwriters for $72 million. This was for the issue of one million of its $5 par stock that the underwriters expect to sell for $72 per share.

Broker Al offers all his agents the ability to sell their own homes without any commission owed the brokerage. In what part of the work agreement might this information be located?

Olivia deposited $800 at her local credit union in a savings account at the rate of 6.2% paid as simple interest. She will earn interest once a year for the next 7 years.

Mama's Pizza Shoppe borrowed $6,000 at 9% interest on May 1, 2021, with principal and interest due on October 31, 2022. The company's fiscal year ends June 30, 2021. What adjusting entry is necessary on June 30, 2021? Multiple Choice: A.

Jane has discovered that she is bored working for others. She wants to open a business in which she will have maximum control and the least interference from government regulation. Which business form should she use.

Willie Company's retained earnings increased $20,000 during 2016. What was Willie's 2016 net income or loss given that Willie declared $25,000 of dividends during 2016?